Europe

FCA Will Avoid EU CO2 Fines in 2019-2020

August 07, 2019 at 5:45 PM

Fiat Chrysler Automobiles NV says a regulatory credit arrangement with Tesla Inc. will enable it to sidestep carbon dioxide emission fines in Europe through 2020.

Report: Dongfeng Motor May Sell PSA Stake

August 07, 2019 at 5:32 PM

Dongfeng Motor Group reportedly is pondering the sale of some or all of its €2.2 billion ($2.5 billion) stake in PSA Group.

Pininfarina Battista Hits the Road

August 07, 2019 at 7:17 AM

Automobili Pininfarina will show the production version of the upcoming Battista electric supercar at this month’s Monterey Car Week in California.

Slovenian Hypercar Firm Touts Lightweight Hybrid

August 07, 2019 at 12:01 AM

Low-volume Slovenian manufacturer Tushek Ltd. says its new TS 900 H Apex hybrid-electric two-seater weighs just over 3,100 lbs, making it the world’s lightest supercar.

Daimler Offers Subsidies to Retrofit Diesels

August 06, 2019 at 3:46 PM

Daimler AG plans to pay owners of its older diesel models in Germany €3,000 ($3,400) to upgrade the emission control systems on their vehicles.

China Expansion Buoys Faurecia Sales

August 06, 2019 at 1:56 PM

French seating supplier Faurecia SA says expanded operations in China helped it boost revenue through the first six months of 2019 by 3% to $1.3 billion.

Car Sales Drop 2% in Russia

August 06, 2019 at 1:31 PM

July deliveries of cars and light commercial vehicles in Russia slipped to 140,000 units from 143,500 in the same period last year.

FCA: No Profits for Maserati Until at Least 2020

August 06, 2019 at 10:17 AM

Officials at Fiat Chrysler Automobiles NV don’t expect the company’s Maserati luxury car unit will post a profit until at least 2020.

VW T-Cross to Get Coupe Treatment?

August 06, 2019 at 10:09 AM

Volkswagen AG reportedly will add a sportier version of the just-launched subcompact T-Cross crossover vehicle that features coupe-like styling.

Ferrari’s Revenue, Core Earnings Climb

August 05, 2019 at 5:41 PM

Ferrari NV reports that its shipments of its supercars in the second quarter rose 8% to 2,700 units. Net revenue climbed 9% to €984 million ($1.1 billion).

New-Car Sales Rise 5% in Germany

August 05, 2019 at 10:54 AM

Demand for cars and crossover vehicles in Germany grew 5% to 332,800 units in July, according to KBA, the country’s motor transport agency.

JLR Will Add 5 Models by 2021

August 05, 2019 at 8:42 AM

Jaguar Land Rover Ltd. plans to introduce five new models over the next two years, Autocar reports.